v3.26.1
Leases (Tables)
12 Months Ended
Jan. 31, 2026
Leases  
Schedule of lease expense

Fiscal Year

2025

2024

2023

Operating lease cost

$

61,640

$

61,227

$

62,163

Variable lease cost

 

12,719

 

11,061

 

11,070

Short term lease cost

 

1,635

 

2,241

 

1,598

Total lease cost

$

75,994

$

74,529

$

74,831

Schedule of future minimum rent payments under operating leases

Future minimum lease payments as of January 31, 2026 are as follows (in thousands):

Fiscal Year

  ​ ​ ​

Lease Costs

 

 

2026

  ​ ​ ​

$

63,477

2027

51,588

2028

 

42,083

2029

 

32,612

2030

 

22,216

Thereafter

 

97,927

Total future minimum lease payments

309,903

Less: imputed interest

(86,585)

(1)

Total present value of lease liabilities

$

223,318

(2)

(1)Calculated using the incremental borrowing rate for each lease.
(2)Includes short-term and long-term portions of operating leases.
Schedule of supplemental cash flow and other information

Supplemental cash flow and other information related to operating leases are as follows (in thousands, except for weighted average amounts):

  ​ ​ ​

Fiscal Year

2025

2024

2023

Cash paid for operating leases

  ​ ​ ​

$

63,261

$

62,582

$

68,371

Right of use assets obtained in exchange for new operating lease liabilities

$

55,634

$

33,183

$

27,836

 

 

 

Weighted average remaining lease term (years) - operating leases

 

6.86

 

7.26

 

7.54

Weighted average discount rate - operating leases

6.12%

5.61%

5.04%